Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?

If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down.

Bitcoin will get mentioned someplace with lots of readers, a bunch of those readers will like the idea and try to buy Bitcoins, their price will rise which will draw even more people to "invest", which will drive the price up even more... until people decide that the price isn't going to rise any more and everybody rushes to sell before the price drops. I predict there will be between one and five Bitcoin bubbles (price will double or more and then crash back down below the starting price) in the next four years .

Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?

If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down.

Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?

If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down.

Everyone, finally a signal that the dip is over, proudhon has spoken.

Thank you proudhon, now seems the perfect time to buy then, as you are the best contra-indicator.

Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?

If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down.

Everyone, finally a signal that the dip is over, proudhon has spoken.

Thank you proudhon, now seems the perfect time to buy then, as you are the best contra-indicator.